Examlex
Why are coins a useful source of information about the period of the Kushan Empire?
Implicit Interest
The interest rate that is not explicitly stated but inferred from the difference between the purchase price and the total payments to be made in a financing transaction.
Zero-Coupon Bond
A type of bond that does not pay periodic interest and is sold at a discount from its face value, with the full face value being paid at maturity.
Implicit Interest
The interest represented by the difference between the cash price of a product and the amount financed over time, not directly stated as an interest rate.
Face Value
The nominal or dollar value of a security stated by the issuer, which is the amount paid back to the holder at maturity.
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